Chapter 21 The Stock Market
On September 20, Li Zhiwen greeted Wang Tianlin and said that he would not go to the crew today and came outside the Kowloon Exchange early.
When Li Zhiwen arrived at the Kowloon Exchange, it was not yet time to open the market, but there were already many people gathering here. Looking at the crowds of people outside the exchange, you can see the popularity of the Hong Kong stock market.
Hong Kong can be said to be a stock trading person. Almost when you ask a vegetable seller on the road, she can tell you about the situation of the stock market. This situation provides a huge base for the Hong Kong stock market. Of course, it is easy to say when the stock market is booming, but when the stock market plummets, countless people jump off buildings.
The earliest stock exchange in Hong Kong, the Hong Kong Stock Brokers Association, was established in 1891. In 1921, the second stock exchange in Hong Kong, the Hong Kong Securities Brokers Association, was established. In 1947, the two exchanges merged into the Hong Kong Stock Exchange Co., Ltd.
By the time the stock market plummeted in 1974, Hong Kong had already owned four stock exchanges, Far East, Gold and Silver, Kowloon and the Hong Kong Stock Exchange. The Hong Kong stock market entered the so-called "Four Meeting Era" where four exchanges coexist.
From the vigorous development of the stock exchange, we can see the prototype of the later international financial center of Xiangjiang.
The stock market plummeted from 1973 to 1974 fully exposed the various shortcomings caused by the coexistence of the four associations of the Hong Kong securities market. Finally, in 1986, the four exchanges merged to form the Hong Kong Stock Exchange, enjoying the franchise rights to establish, operate and maintain the securities market in Hong Kong.
"The market is open." At this moment, a voice came from the Kowloon Exchange.
Entering the Kowloon Exchange, Li Zhiwen walked towards the HSBC Securities Investment Department. If he wanted to trade stocks, he needed to open an account first.
After opening the account, Li Zhiwen said to the staff: "Disturate this 4 million into the account."
The staff looked at Li Zhiwen in surprise. In Hong Kong in 1979, millionaires were rare, let alone huge sums of 4 million yuan. However, the rigorous work attitude made the staff come back to their senses and said to Li Zhiwen: "Sorry, more than one million yuan of funds are already a big customer. There is an exclusive big account manager. Wait a while and I will let our manager receive you."
After saying that, the staff ran to the office to report. After a while, a young man in his thirties in suit with gold-rimmed glasses walked out of the office and walked towards Li Zhiwen.
"Mr. Li, my name is Zheng Xin. I am the general manager of HSBC Securities Kowloon Exchange. Please go to my office to discuss in detail." said the young man in suit.
"Hello, my name is Li Zhiwen." Li Zhiwen introduced.
After a while, the two of them arrived at the general manager's room.
"I don't know where Mr. Li is?" Zheng Xin asked when he saw that Li Zhiwen was too young and thought he was a child from that big family.
"Shame, I am a writer." Li Zhiwen said.
Because this was the first time that Zheng Xin had been working at HSBC Securities for three years, someone came to trade stocks with a huge amount of 4 million yuan a day, so he was sure that Li Zhiwen was from a wealthy family in Hong Kong, but he was unwilling to tell the family heritage, so he stopped asking.
Li Zhiwen was also happy and misunderstood and did not ask carefully, because there was a possibility of revealing the situation if he continued to ask.
"I wonder how many times the leverage Mr. Zheng can use to help me allocate funds?" Li Zhiwen asked.
"Oh, it seems that Mr. Li has discovered his way of wealth, congratulations." Zheng Xin pondered for a while and said, "With my current authority, I can use up to ten times of leverage. I don't know how much leverage Mr. Li wants to use."
Li Zhiwen thought for a while and said, "thank you, Mr. Zheng, it would be best if you can apply for ten times of leverage."
"It seems that Mr. Li is very confident, so I wish you a victory!" Zheng Xin narrowed his eyes and smiled, becoming more and more sure of the identity of Li Zhiwen's son.
Zheng Xin stood up, opened the door, and shouted to the outside: "Liu Yu, come in."
After a while, a young man in his 20s walked in and Zheng Xin said to him: "Liu Yu, help Mr. Li deposit 4 million into his account and allocate ten times the capital."
Liu Yu didn't dare to think too much, so he turned to No. 1 and walked out.
"Mr. Li, please tell Liu Yu about the specific operation. Since the amount is large, we will sign a confidentiality agreement later to ensure the safety of your funds."
"Okay, then I'll trouble Mr. Zheng."
......
Next, Liu Yu deposited the funds into his account and signed a confidentiality agreement. Li Zhiwen told him: "Help me buy Hutchison Whampoa stocks within three days and use all the funds."
"It seems that Mr. Li is very optimistic about Hutchison Whampoa, but Hutchison Whampoa is indeed a high-performance stock. Although the stock market is sluggish at this time, its market value is not determined by the stock market. Once it turns over, the returns will increase day by day."
"I'm also thinking about it. I'm optimistic that this stock has been rising sharply recently." Li Zhiwen said vaguely.
Hutchison Whampoa ranked second among the four major foreign banks. In 1975, HSBC acquired 33.65 shares of Hutchison Whampoa Bank. In 1977, Hutchison Enterprise Co., Ltd. and Huangpu Shipyard Co., Ltd. merged into "Hutchison Whampoa Co., Ltd.". In 1978, "Hutchison Whampoa Stock" was listed in Hong Kong. On September 25, 1979, Li Ka-shing acquired 22.4% of Hutchison Whampoa shares of 90 million common shares from HSBC for RMB 7.1 per share.
Since Li Zhiwen cannot be Li Ka-shing at present, it will not delay him from making some money by taking advantage of Li Ka-shing's east wind. Li Ka-shing can eat meat, and Li Zhiwen can at least drink some soup. Li Ka-shing also laid the foundation for the richest Chinese people because of this acquisition. Due to Hutchison Whampoa's poor management, Wei Li has not yet rectified Hutchison Whampoa. Hutchison's stock price has been in a downturn. At this time, Hutchison's stock price is only 5.5 yuan per share. At this time, buying Hutchison's stock is like picking up money.
After dealing with the stock market, Li Zhiwen left the Kowloon Exchange. Zheng Xin personally sent Li Zhiwen to the door and contacted Li Zhiwen immediately for any actions he promised to make.
"Hello sister!"
"Good morning, sister,"
"Good morning, Sister Zhi."
......
Facing everyone's greetings, Zhao Yazhi nodded and smiled all the way on the set, saying hello. She has looked really good recently. Since being abused by domestic violence, Li Zhiwen has been standing by her from time to time, which makes her feel very relieved. However, today she found that everyone's eyes were wrong when they looked at her, and she felt that it was indecipherable.
Li Zhiwen was in a good mood today, not only because of Zhao Yazhi's recent dependence on him, but also importantly, today is September 25. Since Li Zhiwen left the Kowloon Exchange, HSBC Securities has acquired 2% of 7 million shares of Hutchison shares within three days, and all 40 million funds have been used up. Let's wait for Li Ka-shing to hold a press conference tonight. In other words, after tonight, Li Zhiwen is a real millionaire.
Zhao Yazhi touched his face, turned his head and asked Li Zhiwen, "Awen, is there anything wrong with me? Why are they looking at me so strange today?"
Li Zhiwen was also confused and said, "I don't know, sister, you are very beautiful. There is nothing strange about it. I don't know what those people are looking at."
The two arrived at the crew and saw Zhou Runfa from a distance, so they hurried over to say hello. Zhou Runfa handed over a newspaper to Zhao Yazhi without saying a word, and then turned around and walked away, as if they were afraid that Zhao Yazhi would be embarrassed after reading the newspaper.
Zhao Yazhi took the newspaper and just glanced at it for a few seconds. She saw that her face was pale and her body was supporting her endlessly, as if she was about to fall to the ground, and she held the newspaper tightly.
Li Zhiwen hurriedly supported him, picked up the newspaper and scanned it briefly.
This is a "Sing Tao Daily". The front page of the entertainment page is an interview about Zhao Yazhi's husband Huang Hanwei. The interview revealed the relationship between Zhao Yazhi and Huang Yuankun in extremely detailed, and used ** sluts to describe Zhao Yazhi several times.
Li Zhiwen comforted him: "Sister Zhi, don't think too much. This kind of newspaper will exaggerate the statements, and no one will believe it."
"Awen, you don't need to comfort me." Zhao Yazhi said in pain, "I didn't expect that he was so heartless that he was interviewed by a newspaper. He was going to ruin me."
Chapter completed!